News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Dec- 2020 -7 December
Ted Baker losses widen as sales fall 42%
Ted Baker has announced that its losses have continued to widen, with underlying loss-before-tax amounting to around £39m, primarily driven…
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7 December
Frasers Group in Debenhams takeover talks
Mike Ashley’s Frasers Group has entered discussions involving a possible takeover of Debenhams, the group confirmed today. It comes as…
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4 December
Co-op members urge company to return rates relief
The Co-op Group is reportedly being urged by its members to reverse its decision not to repay the millions of…
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4 December
Primark posts £430m sales hit amid second lockdown
Primark was hit with a £430m sales loss following international lockdowns this autumn, according to Associated British Foods (ABF). Primark…
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4 December
Support of UK producers ‘vital’ for food businesses, study finds
Waitrose has released its Food & Drink Report 2021 which found that nearly three quarters of people wanted to see…
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4 December
Aldi plans to repay business rates relief
Aldi has announced its plans to repay the government any money it has received during the pandemic from the business…
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3 December
Post-lockdown footfall increases by 64.5%
Springboard has revealed that footfall across all UK retail destinations was 64.5% higher yesterday ( Wednesday 2 December) than the…
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3 December
Sainsbury’s forgoes £410m rates relief
Sainsbury’s has joined rivals Tesco and Morrisons in a pledge to repay the government’s business rates relief, bringing the total…
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3 December
Retail hiring falls 20%
Hiring in the UK’s retail sector was down 19.7% in October compared to the same month last year, according to…
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3 December
Arcadia brings forward pension fund payment
The owner of Arcadia, Lady Christina Green, is set to bring forward a payment of £50m that will go into…
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